Charles & Colvard, Ltd. manufactures, markets, and distributes Moissanite jewels for use in fine jewelry in the United States and internationally. Charles & Colvard has a market cap of $44.6 million and is part of the services sector. The company has a P/E ratio of 76, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 23.8% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Charles & Colvard as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.